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HMRC internal manual

Business Income Manual

From
HM Revenue & Customs
Updated
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Specific deductions: administration: removal expenses: trader

When a trader removes to new premises, the expenses of removing trading stocks, stores, tools, and office or other equipment should be allowed in all cases, where the cost falls on the trader and the expenditure is not effectively reimbursed (see BIM40125).

The expenses of removal of machinery and plant, including the cost of dismantling and re-erection, should be allowed except where the removal was essentially part of a scheme for expansion of the business, as distinct, for example, from a removal merely to re-site the machinery or plant to secure greater efficiency within the scope of an existing, even though increasing, trade.